Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Airbnb Confirms Investment In Budget Hospitality Chain Oyo
Venture Capital

Airbnb Confirms Investment In Budget Hospitality Chain Oyo

by techcircle.in posted 4months ago 31 views
San Francisco-based home-sharing marketplace Airbnb has invested an undisclosed sum in SoftBank-backed budget hospitality chain OYO. Airbnb said in a statement that it has pumped money into OYO, owned by Gurugram-based Oravel Stays Pvt. Ltd, as part of its Series E funding round. The company didn’t disclose the details of the investment. In a report earlier this month, subscription-based digital media publication The Information, citing people it did not name, had reported that Airbnb was in talks to invest up to $200 million in OYO.

In this article